- Release Date: 24/12/15 10:20
- Summary: GENERAL: PEB: PE Releases New Product Cxbladder Monitor
- Price Sensitive: No
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PEB 24/12/2015 10:20 GENERAL NOT PRICE SENSITIVE REL: 1020 HRS Pacific Edge Limited GENERAL: PEB: PE Releases New Product Cxbladder Monitor 24 December 2015 Pacific Edge Releases New Product Cxbladder Monitor Cancer diagnostics company, Pacific Edge Limited (NZX: PEB), has today released Cxbladder Monitor, its third new product in a suite of tests for the detection and management of bladder cancer. The test is now available in New Zealand and will be launched in other markets progressively over 2016 and 2017, starting with the USA later in 2016. Worldwide, bladder cancer is the ninth most prevalent form of cancer and has a very high recurrence rate. Therefore, bladder cancer patients live in a world of ongoing monitoring and clinical intervention. Cxbladder Monitor is a proprietary test for urologists who are monitoring patients with bladder cancer for recurrence of the disease. It is designed to be used on patients as part of their ongoing surveillance regime to quickly and accurately identify those who have a low probability of having recurrent cancers, providing ongoing reassurance to clinicians and their patients that the cancer hasn't returned, or supporting the case for further urological investigation. Cxbladder Monitor follows in the footsteps of Pacific Edge's first two molecular diagnostic tests, Cxbladder Detect and Cxbladder Triage. Cxbladder Triage rules out patients who have a low probability of having cancer and Cxbladder Detect is used specifically to detect cancer. Both are used in the early evaluation in patients who present to the urologist with haematuria (blood in the urine and an early symptom of bladder cancer). The introduction of Cxbladder Monitor rounds out the Cxbladder family of products with a one-stop-shop solution from preliminary evaluation of haematuria, to diagnosis within the urological evaluation as an adjunct to cystoscopy, right through to post-treatment surveillance for recurrence of bladder cancer. Pacific Edge Chief Executive Officer, David Darling, said: "The launch of Cxbladder Monitor complements our existing Cxbladder products and takes us a step closer to being able to provide a 'one-stop shop' of accurate non-invasive tests for urologists. "Depending on the stage and grade of the initial cancer diagnosis, medical guidelines advocate follow-up cystoscopies every three months for the first couple of years post treatment, then six-monthly after that and annually after five years. Adding to that, 50-70% of high grade tumours have a recurrence and this resets the clock for surveillance meaning a longer period of evaluation and even more cystoscopies. "Cxbladder Monitor will quickly and easily provide urologists with greater certainty of their clinical evaluations, the perfect adjunct test to cystoscopy." A number of urologists in the USA and New Zealand have been involved in the clinical evaluation of Cxbladder Monitor, including NZ-based Dr Peter Gilling, who in addition to his clinical practice has recently been made Professor of Surgery at Auckland University. ENDS For more information contact: David Darling Chief Executive Officer Pacific Edge Ltd P: +64 (3) 479 5800 ABOUT Pacific Edge www.pacificedge.co.nz www.pacificedgedx.com Pacific Edge Limited (NZX: PEB) is a New Zealand based cancer diagnostic company specialising in the discovery and commercialisation of diagnostic and prognostic technology for the early detection and monitoring of cancer. The company is developing and commercialising its range of Cxbladder bladder cancer tests. Its first commercial product, Cxbladder Detect, is now being actively marketed to physicians and clinicians in New Zealand, Australia, and the USA through the company's wholly owned subsidiaries and selected commercial partners. ABOUT bladder cancer Globally, bladder cancer has the 9th highest incidence and the 4th highest incidence for men. It has the highest total medical costs of any cancer per patient, which in the US approaches $240,000. One of the early symptoms of bladder cancer is the presence of blood in the urine, haematuria. People with haematuria often present to their general practitioner before being referred on to a urologist. Bladder cancer has a very high recurrence rate of approximately 50%-70% with up to 30% of these recurring as later stage tumours. However, bladder cancers are highly treatable, especially if detected in the early stages when there is a much higher probability of survival. Timely detection and regular surveillance and monitoring of this cancer is a key element of the clinical process and of the individual's annual healthcare plan. ABOUT Cxbladder Detect www.cxbladder.com Cxbladder Detect is a proprietary, accurate molecular diagnostic test that enables the non-invasive detection of bladder and other urinary tract cancers from a small volume of urine. Cxbladder Detect is commercially available in New Zealand, Australia and the USA. Cxbladder Detect is available in the USA and NZ as a Laboratory Developed Test (LDT) from the company's CLIA certified laboratories, providing physicians and clinicians with a quick, cost effective and accurate measure of the presence of the cancer, and provides urologists with an effective adjunct to cystoscopy. The Cxbladder Detect cancer detection test has been validated by a multi-centre, international clinical study. ABOUT Cxbladder Triage www.cxbladder.com Cxbladder Triage is a proprietary, accurate and non-invasive molecular test that combines the power of the genomic biomarkers with extra phenotypic and clinical risk factors to accurately identify and remove patients with haematuria who have a low probability of urothelial cancer, from needing to have a full-urological work-up. This is a tool for use by clinicians and physicians in the primary evaluation and is intended to reduce of the number of patients needing an expensive and invasive work-up for urothelial cancer. ABOUT Cxbladder Monitor www.cxbladder.com Cxbladder Monitor is a proprietary, accurate and non-invasive molecular test that combines the power of the genomic and clinical biomarkers to accurately identify those patients that have a low probability of having a recurrent disease. This test is expected to be used by urologists to compliment their cystoscopies when evaluating patients who are returning to the clinic. As a consequence, patients with a low probability of urothelial cancer may therefore not require further invasive procedures. This is a tool for use by urologists in the post-treatment surveillance of urothelial cancer and is intended to be used in conjunction with cystoscopy and reduce of the number of expensive and invasive work-up for urothelial cancer for some patients. End CA:00275764 For:PEB Type:GENERAL Time:2015-12-24 10:20:29
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